• Employer of Choice Awards 2016

Heritage Bank

Heritage Bank has been recognised as an Employer of Choice in The Australian Business Awards 2016.
The Australian Business Award for Employer of Choice recognises organisations which have developed leading workplaces that maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention.

Formed in 1981, Heritage is a mutual bank that operates under a constitution controlled by their customers. They live by a people first ethos, aiming to provide customers with superior value as a result of the absence of shareholders. This philosophy extends to their staff, who operate within an office culture predicated on integrity, excellence and community.

Heritage have adopted a human resources management strategy that consists of six strategic drivers that focus on developing, maintaining and improving workplace culture and outcomes through employee engagement, development and recognition. Training offered by Heritage is nationally recognised and provides staff with opportunities to complete industry relevant certifications that have a high internal uptake. This has been complimented by an external partnership with The University of Southern Queensland, which provides employees with the option of fast-tracking external tertiary qualifications after attaining a Heritage certification.

These development initiatives form a core part of Heritage’s Employment Value Proposition, assisting with employee attraction and retention. Employees are rewarded for their success in developmental endeavours and for workplace excellence, with incentive and commission schemes ensuring that high performance is financially rewarded. Discounts on Heritage products are also available to all staff members and flexible leave arrangements exist to help employees maintain a healthy work-life balance. This commitment to the health and safety of their employees extends to their “Better Me” program, which encompasses initiatives that are aimed to assist staff with their health and wellbeing priorities. Promotions are held throughout the year based on staff health priorities such as heart disease, cancer, diabetes and depression awareness.

Heritage understand the importance of continually improving their workplace culture and human resource management strategies, as a result they undergo regular consultation with employees as part of a dedicated improvement cycle that utilises online surveys and focus groups to ensure innovation in HR practices.

The Australian Business Awards are an annual comprehensive awards program which recognises organisations that demonstrate the core values of business innovation, product innovation, technological achievement and employee engagement via a set of established business and product award categories.

The Australian Business Awards are the national chapter of an integrated, hierarchical leadership initiative conducted on a national and international level. The Employer of Choice Award recipients will participate in the international chapter of the program at the World Business Awards whereby participants are provided with the unique opportunity to benchmark themselves against the top performers globally.

The process culminates in the selection of organisations which maximise the full potential of their workforce through practices that demonstrate effective employee recruitment, engagement and retention. The recipients are recognised as the elite of their industry earning a place amongst a distinguished group by having their achievements acknowledged and celebrated.

Organisational eligibility includes private companies, publicly listed companies, multinational subsidiaries, not-for-profit organisations, non-government organisations, educational institutions, franchise systems, partnerships, government departments, government agencies, local government and statutory bodies operating in Australia.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The Employer of Choice Framework is utilised as a structured model of assessment that enables the participating organisations to be benchmarked against world class performance standards.

The key attributes of the Employer of Choice Framework define the characteristics of high-performing, industry leading organisations that provide a stimulating and supportive workplace. The criteria and sub-criteria provide a robust set of requirements that are used as the methodology for benchmarking and learning among the participating organisations.

Entrant organisations are required to demonstrate their achievements across the key areas of Organisational Culture; Leadership & Strategy; Employee Education, Training & Development; Employee Health, Safety & Satisfaction; Performance Management; Recognition & Remuneration.

The program provides a notable opportunity for high-performing organisations which implement world-class human resource management practices to be acknowledged and celebrated for their achievements both nationally and internationally.

Conducted annually, the program engages with organisations worldwide to benchmark the full spectrum human resource management practises and to review their business performance through a global recognition and knowledge building initiative that is underpinned by the program’s established framework.

The program provides the ultimate platform for building knowledge, increasing employer brand awareness. reputation, equity, loyalty and retention through increased exposure, recognition and prestige.

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2018-09-12T14:55:09+00:00